Summary by Futu AI
Town Health International Medical Group Limited announced its interim results for the six months ended June 30, 2024, with revenue of approximately HKD 91.428 billion, slightly down from HKD 91.683 billion in the same period last year. The group's net loss was approximately HKD 2.854 billion, compared to a net profit of approximately HKD 3.868 billion in the same period last year. The company's attributable loss to owners was approximately HKD 4.768 billion, compared to an attributable profit of approximately HKD 2.106 billion in the same period last year. The net value of current assets and net value of assets were approximately HKD 13.607 billion and HKD 35.247 billion, respectively. The current ratio was 3.78 and the debt ratio was 2.68%. The board of directors does not recommend the payment of interim dividends. In addition, on June 4, 2024, the company initiated legal proceedings against the defendant, seeking a claim amount of approximately HKD 9.796 billion. As of June 30, 2024, the company employed 1,427 staff members, with a total employee cost of approximately HKD 38.054 billion.
